TY  - BOOK
ED  - The Standard Group
TI  - Is time ripe for companies to tap into bond market?
PY  - 0000///Tuesday, March 32009///
CY  - Nairobi : Kenya
PB  - The Standard Group
KW  - Capital Markets -- Kenya
KW  - Government Bonds -- Kenya
N2  - The government issued the 'Infrastructure bond' with the objective of raising 18.5 billion to finance specific projects in roads, energy and water sectors, but ended receiving a whooping 26.8 billion from the market, representing an over subscription of 45%
The issuance of twelve years 'Infrastructure bond' was a bold step and an important landmark in our capital market and this development should give more confidence to the private sector to start rolling out long-term bonds for funding infrastructure projects
ER  -